3, YEW TREE COTTAGES, RISLEY HALL, RISLEY, DERBY, DE72 3WP - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 YEW TREE COTTAGES is a small terraced house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £326,376. It was last sold for £195,000 in February 2015, which was around 94% above the average February 2015 terraced price in the Erewash local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 YEW TREE COTTAGES Sold Prices

Land registry data shows three sales for 3 YEW TREE COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. All of the three 3 YEW TREE COTTAGES sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 20 FEB	£195,000	£100,372	94% above HPI
2008 30 OCT	£125,000	£93,967	33% above HPI
2001 11 JUL	£140,000	£40,750	244% above HPI

3 YEW TREE COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Erewash local authority area over time, sourced from the HPI. The three 3 YEW TREE COTTAGES sales between July 2001 and February 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2008 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2015 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 3 YEW TREE COTTAGES be worth now?

3 YEW TREE COTTAGES might now be worth an estimated £326,376.

This is based on house price inflation of 67.4%, between February 2015 and April 2026, for terraced houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.4% inflationary increase is applied to the most recent sale price for 3 YEW TREE COTTAGES of £195,000 on 20th February 2015. For the value to have increased from £195,000 to £326,376 over the ten years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 YEW TREE COTTAGES has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The February 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 YEW TREE COTTAGES has not materially changed since February 2015.

How Large is 3 YEW TREE COTTAGES?

3 YEW TREE COTTAGES is 113m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of terraced houses houses in Risley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Risley, and where 3 YEW TREE COTTAGES lies on this distribution: 23% of terraced houses houses are smaller than 3 YEW TREE COTTAGES, and 76% of houses are larger. Note that EPC data is not available for all properties in Risley.

3 YEW TREE COTTAGES: Plot and Title Map

3 YEW TREE COTTAGES sits on a plot of roughly 10.4 acres, or 41,922m². The below map shows the location of 3 YEW TREE COTTAGES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 YEW TREE COTTAGES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 YEW TREE COTTAGES?

3 YEW TREE COTTAGES is located on RISLEY HALL in RISLEY, in the DE72 postcode district. The below map shows the position of 3 YEW TREE COTTAGES on RISLEY HALL.